Most enterprises
and government agencies today have invested in enterprise applications, such as
enterprise resource planning, customer relationship management, analytics, business
process management, and supply chain management, to support their core business.
These applications have proven their value in enabling operational efficiency.
They excel at managing highly structured, transaction information such as
addresses, customer numbers, information about a an asset like a pump, or infrastructure
hidden below ground like a gas pipeline through a community, or purchase order
numbers used in business processes.
Similarly,
facing a rising flood of unstructured information – e-mail, regulations and
procedures, contracts, photos, and much more – many organizations have adopted
enterprise information management (EIM) applications to coordinate and control
that content. EIM applications offer numerous services to help users create,
collaborate on, share, store, archive, and eventually destroy this content.
The worlds of
structured business processes and unstructured content are continuing to grow
closer to one another. Large organizations are faced with two problems, where
and how. Where is the single source of
the truth, and how do we get it to be shared across the enterprise. This can
cause critical problems and stagnate the evolution of the company, especially
where the push to drive digitization is accelerating. In almost every customer-
or partner-facing process, extensive unstructured information is exchanged.
Looking at the problem
from the content perspective, the moment it arrives or is created, its author
and recipient understand its full context, and thus its importance. But soon
that memory fades, and the content, stored haphazardly on desktops, shared
drives, or stand-alone applications, is effectively lost to the organization.
Even if an individual recollects its existence and location, there is no
connection maintained between the content itself and the context of the
business process that made it relevant in the first place. The lack of
authoritative information relating to a business process is one of the greatest
sources of legal risk facing large companies today. For example:
An Energy or
Manufacturing Company.
Energy
companies like many manufacturing companies are asset intensive and highly
regulated primarily for safety and environmental purposes. The information created by an engineer,
provided by a consultant, or vendor related to an asset is critical for different
kinds of information requirements; documents, data and drawings for functional
locations, materials, maintenance cycles, change management and so forth. The operators require a single source of
truth ensuring accurate and updated versions of the content. This sounds simple, however multiply the
complexity across every piece of rotating equipment, pumps for example, every
pressure vessel, every valve, and every pipe segment and you get the idea. Further complicate this problem with an aging
workforce require knowledge management, collaboration, and seamless access to policies
and procedures and the problem escalates. The solution is to bring together
in-process collaboration for operations, engineering, procurement, contractors
and equipment suppliers to a harmonized Master Data Governance to all
perspectives of the same data yield the same truth.
Managing assets
requires organizations to be compliant with a significant number of different
regulations that have very real implications to operations. Getting the right (trained,
informed with the right tools, and qualified), people to interact with assets safely
is clearly critical. Having the records
to prove that every action and interaction is audit-able is vital as organizations look to reduce the risk of litigation. Do they hold records of
training and certification? Furthermore have the correct guidelines been made
available to the individual? Was the right part used when the pump was fixed,
was the procedure followed when the equipment was restarted and the structured
and unstructured content captured the business value captured.
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